Minmetals Resources announced its Mineral Resources and Ore Reserve Statement as at 30 June 2011 with a 103.9% increase in zinc Ore Reserves. Reserve gains are mostly due to the inclusion of the Dugald River Ore Reserve for the first time. Dugald River is an undeveloped zinc deposit located in North West Queensland, Australia. It is expected to produce approximately 2 million tonnes of ore and 200,000 tonnes of zinc in [...]
MMR Exploration Ltd, a wholly-owned subsidiary of Minmetals Resources Limited, announces that, on July 15, 2011, it acquired 3,650,000 units of Sama Resources Inc. for Cdn$0.60 in cash per unit, or Cdn$2,190,000 in the aggregate. Each unit consisted of one common share of Sama and one warrant to purchase a common share of Sama. Sama is listed on the TSX Venture Exchange and MMR Exploration acquired the units on a private [...]
MMG Malachite, a wholly-owned indirect subsidiary of Minmetals Resources Limited, announced today that it has extended its offer to purchase all of the issued and outstanding common shares, including those common shares that are subject to CHESS Depositary Interests, of Anvil Mining, at a price of US$8.00 in cash per Common Share, to 8:00 p.m. on January 11, 2012, unless further extended or withdrawn. The extension will [...]
Minmetals is pleased to announce the appointment of Mr Anthony Larkin as an independent non-executive director of the Company. Mr Larkin has been a Non-executive Director of Incitec Pivot Limited since 2003, chairing the audit and risk committee and a director of Oakton Limited since 2009, chairing the audit and risk committee and being a member of the remuneration and appointments committee.
Minmetals Resources announced today that it requires additional time to prepare and finalise the Hong Kong circular in relation to its recommended takeover offer to acquire all of the common shares in Anvil Mining Limited, including the Competent Person's Report and Valuation Report.
Minmetals Resources announced today that it has received formal notification from the Treasurer of the Commonwealth of Australia under the Foreign Acquisitions and Takeovers Act 1975 that the Treasurer does not object to MMR's offer to acquire all of the common shares (on a fully diluted basis) of Anvil Mining Limited.
Minmetals Resources announced today that is has entered into a support agreement with Anvil Mining Limited for MMR to make a friendly takeover offer to acquire all of the common shares of Anvil. The Anvil Board has unanimously determined that the Offer is in the best interests of Anvil's shareholders and will recommend that shareholders accept the Offer.
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